Details of John Jungmann’s new superintendent contract were released Friday by Springfield Public Schools.

The board met in closed session Thursday evening to finalize the terms of the three-year employment contract, which starts July 1 and runs through June 30, 2017.

He will replace longtime Superintendent Norm Ridder, who was hired in mid-2005, and will retire June 30. The married father of five stepped down to pursue job opportunities that would take him closer to grandchildren.

Jungmann, a married father of three young girls, will receive compensation of $257,001 during the 2014-15 school year.

Jungmann, 37, is the current Liberty superintendent and is expected to work there through June 30. He currently makes just under $200,000 in salary and stipends plus family health insurance coverage.

Board president Kris Callen said Jungmann’s total compensation package is about $35,000 more than what Ridder is currently making. She said the board reviewed current market information and made an adjustment.

“The superintendent’s current salary was not competitive with other districts our size, so it was important to make that adjustment to attract the candidate who met our expectations and is capable of handling the unique responsibilities and challenges of this job,” Callen said in a news release.

The 12-page contract states the board will work with Jungmann to set goals each school year. In January each year, the board will evaluate Jungmann’s job performance and make a decision about extending the contract.

Other details of the contract:

• Starting with the 2015-16 year, Jungmann’s annual salary will increase by the same percentage hike the board approves to the teachers’ salary schedule plus 1 percent, if the board also approves a “step increase” to teachers. Those are scheduled increases based on gaining experience or education.

• Annually, Jungmann will receive 25 days of vacation, the same Ridder received. Any days not used in one year may be carried over to the next year.

• The district will spend up to $1,140 to provide the group life insurance to insure Jungmann and his family for up to $600,000.

• The district will also pay moving expenses for the superintendent’s family from Liberty to a residence in Springfield. If he is unable to find permanent housing right away, the district will also pay for him to move from a temporary residence to a more permanent residence when one is found. Additionally, he will be reimbursed for up to $2,500 for other related expenses.

• Jungmann agrees to have a comprehensive medical exam at least every two years.